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What year and what denomination of us paper money has the most value?
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How much money can you get for recycling paper?
Paper, like most recyclable commodities, has a set value per ton as waste paper. Find out what the value per ton of waste paper is in your area, and that's how much you can get for it.
How can you remove rust stain from old paper money?
You really can't without negatively impacting the value of it. Most collectors don't want coins or paper money altered in any way, including cleaning. Cleaning will never add value to your collection.
What type of money do Kentucky people spend?
It is most often US currency by denomination and it might be tendered as coin, paper money or by debit card. Of cours if these Kentucky People are located in a foreign country they may be using that country's currency.
What is paper money backed up by?
Paper money is typically backed by the government that issues it, which promises to accept it as payment for goods and services. In the past, paper money used to be backed by a specific commodity like gold or silver, but most countries have moved away from this system to a fiat currency system where money has value because the government says it does.
The state which has the most disastrous experience with the printing paper money in the 1780s was?
The state that had the most disastrous experience with the printing of paper money in the 1780's was Rhode Island.
Why is George Washington on the front of a one dollar bill?
Remember, he was the first president of the U.S. and led the Revolutionary army. The $1 bill is the most widely circulated denomination of paper money so having his picture there reminds people of his service to his country.
What is the value of 1950 series c federal reserve note with a 50 dollar denomination?
In worn condition it's only worth face value. In better shape it might retail for up to $70. Despite their age, most series-1950 $50 bills are not scarce. $50 was a considerable amount of money in the 1950s so (relatively) high-denomination bills didn't see a lot of circulation.
Which of the following most accurartely explains why fiat money has value?
Fiat money has value because the government declares that it has value.
What is the most-printed US paper currency?
monopoly money
What are the Classification of money?
Full-bodied>Full-bodied is money whose value as a commodity for non-monetary purposes is a great as its value as money.>The principal full bodied money in modern monetary system have been coins of the standard metal when a country is on a metallic standard: A gold standard , a silver standard ,or a bimetallic standard using gold and silver.Representative Full-bodied Money>Which is usually made of paper, is in effect a circulating warehouse receipt for full-bodied coins or their equivalent in bullion.>The representative full-bodied money itself has no significant value as a commodity, but it "represents in circulation an amount of metal with a commodity value equal to the value of the money.Credit Money>By credit money, or debt money, we mean any money, except representative full-bodied money, that circulates at a value greater than the commodity value of the material from which it is made. In some cases, the market value of the money materials is insignificant, as in the case of most paper money.>Credit or debt money can also result as the issuing authority buys all the money material offered to it, but at a price significantly below the monetary or face value of the money into which it is transformed.
What does Ebenezer scrooge value most?
Money
What provided most of the money raised by the continental congress for the revolution?
the printing of paper money by Congress and the states
